Crown Point Energy Inc V.CWV

Alternate Symbol(s): CWVLF

Energy Oil & Gas E&P

Crown Point Energy Inc. is a Canada-based junior international oil and gas exploration and development company. The Company’s exploration and development activities are focused in three producing basins in Argentina, the Austral basin in the province of Tierra del Fuego, and the Neuquen and Cuyano basins in the province of Mendoza. The Company’s projects include Cerro de Los Leones, Tierra del Fuego, and Chanares Herrados. The Company has a 100% working interest in the 101,208-acre Cerro de Los Leones Exploration Concession located in the Neuquen Basin. It has a 34.74% non-operated working interest in the Rio Cullen, La Angostura, and Las Violetas Exploitation Concessions in the Austral Basin of Tierra del Fuego, representing a total of 489,000 gross acres (169,880 net acres). The Company has a 50% non-operated working interest in the Chanares Herrados Exploitation Concession in the Cuyano Basin representing a total of 10,057 gross acres (5,029 net acres).

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Crown Point Energy Inc

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Comment by oilandgas111on Apr 17, 2012 9:18am

261 Views

Post# 19802041

RE: business as usual

Analyst doesn't share your point of view it says all oil&gas companies in aregntina at risk. This why the share of BOE, MVN and CWV collapsed yesterday witg big volume. Big risk of beeing expropriate.

"The issue that scares investors is not knowing how far the government participation will go, if it's only YPF or if it is going to include other petroleum companies in Argentina," said Joe Amador at Scotia Waterous in Houston.

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First Nations contributions attract investor interest